Republic Services stock gains on higher dividend and solid Q2 figures

Published on 09/14/2026 at 10:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Republic Services stock closed at USD 222.74 on the NYSE on September 11, 2026 after reporting Q2 2026 EPS of USD 1.85, slightly above estimates. The company also raised its quarterly dividend to USD 0.67 per share with payment set for October 15, 2026.

Neutraler weißer Müllwagen bei der Abholung einer Mülltonne im Morgenlicht — Republic Services (ISIN US76075R1059) sammelt Müll morgens mit neutralem weißen Lkw ohne Markenlogo, Illustration mit AI erstellt.

Republic Services stock (ISIN US76075R1059) is trading near its recent highs after investors digested stronger second-quarter 2026 earnings and a fresh increase in the quarterly dividend, with the shares closing at USD 222.74 on the New York Stock Exchange on September 11, 2026.

Dividend increase supports income profile

According to StockTitan, Republic Services reported that its Board of Directors approved a 4.5 cent increase in the regular quarterly dividend, bringing the payout to USD 0.670 per share for the latest declaration in 2026, up from USD 0.625 previously, with payment scheduled for October 15, 2026 to shareholders of record on October 2, 2026.

The same filing shows that this latest step continues a long series of increases, with the quarterly rate having moved from USD 0.58 in 2024 to USD 0.625 in 2025 before reaching the current USD 0.67 level, underlining the company's focus on a steadily growing cash return to shareholders.

Q2 2026 earnings edge past expectations

Republic Services delivered solid operating results in the second quarter of 2026, with revenue of USD 4,430 million, up 4.6 percent compared with the prior-year quarter, and net income of USD 566 million, translating into diluted EPS of USD 1.84 for the period per StockTitan.

On an adjusted basis, the company reported net income of USD 569 million, or USD 1.85 adjusted diluted EPS, slightly above the Q2 2026 analyst estimate of USD 1.82 cited in the earnings overview on Yahoo Finance, indicating a modest beat versus consensus.

Adjusted EBITDA in the quarter reached about USD 1.42 billion, corresponding to a margin of 32.1 percent that was broadly consistent with the margin level in the same quarter a year earlier, showing that price increases more than offset cost inflation according to the 8-K summary on StockTitan.

Raised 2026 guidance underpins growth story

Management has coupled the latest results with higher full-year 2026 guidance, now expecting revenue in a range of USD 17,200 million to USD 17,300 million compared with earlier targets of USD 17,050 million to USD 17,150 million, as outlined in the company metrics cited by StockTitan.

The guidance also points to expected net income of USD 2,210 million to USD 2,220 million and adjusted diluted EPS of USD 7.23 to USD 7.28 for 2026, alongside adjusted EBITDA of USD 5,525 million to USD 5,550 million and projected adjusted free cash flow of USD 2,540 million to USD 2,575 million, suggesting high single-digit earnings growth relative to the prior year.

For investors, a key element of the story is that price discipline is supporting margins: the second-quarter core price on total revenue was 5.3 percent, with open market pricing at 7.8 percent and small-container pricing at 8.1 percent, helping drive the 32.1 percent adjusted EBITDA margin described in a recent feature on 24/7 Wall St.

Analyst targets and valuation context

Analyst views remain broadly supportive of Republic Services stock, with a consensus rating of Moderate Buy and an average price target around USD 245.26 reported in a recent overview on MarketBeat, implying upside in the high single-digit to low double-digit percent range from the latest closing price.

The same source notes that Republic Services shares were trading near USD 222.96 in mid-September 2026 and that the stock has risen about 5.2 percent year-to-date from a level of USD 211.96 on January 1, 2026, underscoring a steady performance even as broader market volatility has picked up.

At these levels, MarketBeat calculates a price-to-earnings ratio of around 31.58 based on current-year earnings expectations of roughly USD 7.27 per share moving toward USD 8.00 per share in the following year, positioning the stock at a premium to many industrial peers but below the wider market's average valuation cited in the same analysis.

Stock price, trading range and next catalysts

Republic Services stock closed at USD 222.74 on the NYSE on September 11, 2026, representing a gain of 0.75 percent on the day compared with the prior close according to the quote data on Yahoo Finance, with after-hours trading leaving the price unchanged at the same level.

Per the same overview and complementary trading statistics from Robinhood, the shares moved in a range between USD 220.66 and USD 223.97 on September 13, 2026, and the current price of USD 222.74 gives the company a market capitalization of roughly USD 68.21 billion, reflecting its status as one of the leading environmental services providers in the United States.

Looking ahead, the next scheduled earnings date for Republic Services is October 29, 2026, as indicated in the key event summary on Yahoo Finance, while the upcoming ex-dividend date for the new USD 0.67 per share quarterly dividend is October 2, 2026, providing clear near-term catalysts for income-focused and total-return investors.

Republic Services stock at a glance

As of the close on September 11, 2026, Republic Services stock traded at USD 222.74 on the NYSE, with the price sitting within its recent trading range and supported by rising earnings, a higher dividend and updated guidance that points to continued growth in 2026.